Like many seniors across this country, we have a budget to make and pension and Social Security income to meet the monthly demands.
The private pension income is fixed from the day we started it until we die. Social Security yearly increases have all been small compared to the real rate of inflation.
If Congress acts on President Obama’s call for a higher minimum wage, it will be passed on to seniors by the price increases to cover businesses’ new wage costs. And the new Social Security rate increase will not be able to cover these increased costs.
It means that lucky seniors will be forced to go into nursing homes while the others go hungry and freeze to death because their income can’t meet the cost of living.
Gregory Morrow
Windham
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